The Welsh national party has called for the creation of a publicly-owned energy company to reduce energy prices and tackle climate change.

Plaid Cymru said that “Ynni Cymru” or “Energy Wales” should be a not-for-profit organisation modelled on Welsh Water.

Simon Thomas, Plaid Cymru’s spokesman on energy, climate change and rural affairs, said: “In Wales, we generate more electricity than we consume and yet we have some of the highest electricity costs in Europe.”